Concorde Solutions Lead the Way With 3.0 PCI DSS Certification

Concorde Solutions, a leading payment service provider in Southern Africa, announced it has achieved the Payment Card Industry Data Security Standard (PCI DSS) 3.0 certification. The assessment and subsequent certification was completed by Foregenix, the
accredited industry expert in this field.

Concorde Solutions provides integrated payment solutions predominantly in the retail andrestaurant industries and services many of South Africa’s household names. Many of Concorde Solution’s customers are also regulated by the same PCI standard and for them, working with Concorde Solutions ensures they are aligned with a business partner who also recognises the importance of on-going compliance as part of a larger, more comprehensive security effort.

HIGHLIGHTS

  • Concorde Solutions secured the PCI DSS 3.0 level 1 certification in February 2015.
  • The PCI DSS 3.0 guidelines were released in October 2013, ushering in a new era of compliance. The PCI DSS Requirements and Security Assessment Procedures provides complete detail on the updated standard, which now offers companies that deal with cardholder data a better roadmap to security and smoother compliance.
  • Concorde Solutions has a history of leading the South African payment industry toward compliance standards. In 2012, Concorde Solutions became one of the first payment service providers in South Africa to achieve PCI DSS Level 1 compliance and are one of the first in South Africa to achieve 3.0 compliance.

QUOTES

Elliot Bunney, Managing Director, Concorde Solutions

“ We wanted to demonstrate to our customers how seriously we take meeting this standard by securing our validation on PCI DSS 3.0. We’ll continue to help our customers understand the importance of payment security, and why it must fit into a broader security program. Compliance by itself will not keep businesses secure. Security must be built into a widerreaching, risk-based security program. The emphasis that 3.0 puts on security will help businesses manage security as a daily, business-as-usual program.”

Andrew Henwood, Chief Executive Officer, Foregenix

“Concorde Solutions have demonstrated an excellent level of compliance to the new PCI DSS 3.0 standard. I commend them on their efforts in achieving this very important status particularly in light of the recent escalating cardholder data compromises and fraud levels throughout the world. This is Foregenix’s third year working with Concorde on their PCI DSS and they are a company who have demonstrated that security is a top priority for them.”

CONCORDE SOLUTIONS

Concorde Solutions formed in 1999 is a leading privately owned, payment service provider clearly focused on transaction processing including integrated card solutions for the hospitality and retail industry in conjunction with major South African banks and the international transaction software supplier, Traderoot. Concorde’s payment products include integrated card solutions for leading Point of Sale vendors and well-known brands in hospitality and retail.